CRYPTOsauce.news

Not Everyone Is Thankful For Cardano This Thanksgiving

Cardano has been at the center of both rabid praise and mass criticism since its release in September of 2017. The digital token separates itself from the crowd with its rapidly advancing technology, its unique multi-layer architecture, and by using mathematical principles in its consensus mechanism. Yet claims of difficulty for programmers, especially in launching decentralized applications (dApps) on the Cardano ecosystem, have continued to bog down one of the more promising cryptocurrencies available. 

Bitcoin And Shiba Inu Drop As India Plans To Ban Cryptocurrencies Including Fines For Holders And Potential Jail Time

Cryptocurrencies were facing a wide market retreat Wednesday as India moves forward with plans to introduce a digital currency regulated and attached to its central bank and subsequently make most other digital assets illegal. 

Token||Traxx inks $1M partnership deal with Zilliqa to bring NFTs to millions of music fans 

$1.1m partnership to bring music fans closer to blockchain technology and tokenisation. Award-winning producer, TommyD & ex Warner chairman, Miles Leonard at the helm of Token||TraxxToken||Traxx founders have worked with the likes of Kanye West, JayZ, Beyonce, Kylie and Coldplay Advisory board includes former Spotify VP, Marco Bertozzi

The SAND Token Hits Fresh Highs As Demand For The Metaverse Grows

The Sandbox and its native token SAND have been seeing a steady inflow of new funds which resulted in the SAND token hitting an all-time high of $3.61 on November 17th. Since breaking out, the SAND token has given into selling pressure and has retreated back below the $3.30 support level. While further selling pressure is possible in the short term, the growing excitement surrounding the metaverse and virtual properties has driven the price of virtual land higher. 

Cardano Could Be On The Verge Of A Bull Run After Jumping Over 10% In Early Trading Tuesday

Cardano’s ADA token kicked off trading early Tuesday morning by outpacing both Bitcoin and Ethereum, gaining 13% and rising up to hit a valuation of $2.30. Both Bitcoin and Ethereum are in a new price discovery phase and have been hovering around their respective all-time highs. Cardano’s recent movements have lit a new fire for altcoin enthusiasts who hope that ADA will join in on the current crypto bull run.

The Sandbox Experiences Record Setting Demand As Interest Continues Growing For The Metaverse

Hot on the heels of recent announcements from tech giants Facebook and Microsoft, the Metaverse has become the next big thing in both crypto and tech communities. While the venture into the virtual realm may be big and bold news for some of the largest corporations in the world, several cryptocurrencies have been built around virtual worlds from the ground up. One seeing recent gains due to all the talk surrounding the Metaverse is The Sandbox, a blockchain gaming developer that allows users to play, create, own, and govern their own gaming experience through owning virtual lands. 

Binance Takes Action Against Squid Game Token Developers 

Squid Game was a cultural and social phenomenon that swept across the world causing masses to binge the Netflix offering and inspiring a Squid Game Token that ended as poorly as Red Light, Green Light. As more details come to light regarding the Token associated with the killer game show, it’s a promising development to see Binance step up to the plate and take action against those responsible for the deception.

Bitcoin Remains At Center Stage Of The Crypto World But Ethereum Is Starting To Steal The Spotlight

Bitcoin has already been crowned digital gold, but another token already outpaces it in terms of daily use, Ethereum. Introduced in 2015, Ethereum has since become the world’s second largest cryptocurrency with a market cap approaching $500 billion and just hit a fresh all-time high when it recently  broke past $4,400.